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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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Oct 4, 2012
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tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the calculation as to how both of those gentlemen are getting to that number, and i haven't seen thattyet." (laughttr) past that, the ww sparred over what president obama calls romney's "five trillion dollar tax cut."mister obama said ttat wwuld either raase &t wealthy.the tax policy ceeter claims that 5 trillion dollars... would be over the next decade.romney has claimee that money is made up for in cuts ii deddctions to broaden the ttx base.paul gessler, ffx455news at fivve how are the rrads looking tonig? tooight?brandi proctor has our traffic edge report. reportt mapbelair fiberwilkens
tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the...
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i ok at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that tlks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. i don't think so. a lot of things occur in the admission process, and smart hospitals, good hospitals are getting on top of this. for instance, in our community we have hospital in plano, texas. texas health resources. there is a group of really hard-core nurses and anybody who is a physician knows when talking about. you don't mess with these ladies. they have taken the bull by the horns and transf
i ok at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that tlks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't...
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on middle income families, i will lower taxes on middle income families. i saw a study that came out today that said if you were going to raise taxes. >> the voters are having watch parties across the country many in the chicago area debate number one is always a big deal. voters are checking things out tonight. >> there are probably thousands of these viewing parties across the country, some of them here in chicago, one of them in swarthmore and it was hosted by patch and you have republicans and democrats and undecided voters and i have each to get their opinions and thoughts on how things went tonight let's start with the undecided voter from all would the big question of the night tonight is was there a clear winner? >> no, i thought it was a draw, i was pleased it was more civil than i thought it would be so for me the domestic policy is big and foreign policy is going to decide it. i'm waiting for foreign policy. >> let's move on to an obama supporter in when i spoke with you midway through the debate you said to me, i think romney is doing a little
on middle income families, i will lower taxes on middle income families. i saw a study that came out today that said if you were going to raise taxes. >> the voters are having watch parties across the country many in the chicago area debate number one is always a big deal. voters are checking things out tonight. >> there are probably thousands of these viewing parties across the country, some of them here in chicago, one of them in swarthmore and it was hosted by patch and you have...
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Oct 1, 2012
10/12
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WBAL
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we have a culture of spending, taxing, and borrowing. that is a problem for the state. in annapolis, we have a culture of secrecy. perhaps the deputy treasury says the governor wants to take advantage of low interest rates. this will help move the party project forward while spurring job growth. maryland's unemployment rate to 7.1%. leading economist calls the governor's plan risky. >> it does sound like a mini- stimulus package. it is an obligation that has to be paid back and the taxpayer is on the hook. these obligations will be -- >> ongoing problems in europe and stifling construction spending. and so are prolonged higher oil prices. the looming across the board budget cuts, sequestration, could it md. hard. sequestration could reduce md. wages by $2.5 billion. directly cut 12,600 jobs. even if the lame-duck congress comes to terms after the election, md. is exposed. >> its still remains vulnerable to long-term cutbacks. it is one of the reasons the taxpayers should remain concerned about any increases to the state's debt. >> the committee voted 4-1 to raise the de
we have a culture of spending, taxing, and borrowing. that is a problem for the state. in annapolis, we have a culture of secrecy. perhaps the deputy treasury says the governor wants to take advantage of low interest rates. this will help move the party project forward while spurring job growth. maryland's unemployment rate to 7.1%. leading economist calls the governor's plan risky. >> it does sound like a mini- stimulus package. it is an obligation that has to be paid back and the...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country. most illiberal others are silenced? >> that is fair. the culture is monolithic they don't seem interested to change that. they pass policies to make it more difficult for students to have minority viewpoints to speak out. john: and professors at lean left, 51% registered democrats. but only 14% are republican. social science is only 6%. >> 70 2% self identify as liberal. which is a big disparity between them and the general public. john: you were a junior when obama was elected? >> it was light a little of the colt it happened across the nation. john: n
tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country....
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our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't agree with that more. and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going
our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't...
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Oct 1, 2012
10/12
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FOXNEWSW
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we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him? that he was serious about the big reagan-like cut in taxes. >>guest: my discussions is he understands we are competing and he knows we have to reduce our taxes. >>neil: who was he reaching out to? >>guest: you have to ask him. >>neil: independent voters? >>guest: he understands we are competing and he understands we have to have he we are taxes. if we have more jobs in america, and we want american businesses to do well, we have to is lower taxes than the rest of the developed world. if we don't, brings are going to go out of this country. >>neil: as a former health car
we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him?...
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Oct 9, 2012
10/12
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that debt forgiveness is tax free. again, thanks to congress passing a tax relief act on short sales back in 2007. a congressional committee estimates that will cost close to $1 billion in lost revenue to the government. now, given that relief and the fact that banks are really pushing these short sales and doing themselves, the question is, do we really need government to keep funding these short sales, maria? >> diana, these are the questions we'll keep following. thanks so much. they ask, should the government get out of the housing business altogether? rick santelli thinks so. jason says this isn't the time to kill these programs. rick, make the case. >> well, my case is why doesn't the government just buy them all, all the houses that are out there in foreclosure, vacant, bulldoze them down, give the tax bill to future generations, boom. housing fix. just because it's expedient doesn't mean it's the right thing to do. what, we're going to give them a break on their principle and their income tax? the government ne
that debt forgiveness is tax free. again, thanks to congress passing a tax relief act on short sales back in 2007. a congressional committee estimates that will cost close to $1 billion in lost revenue to the government. now, given that relief and the fact that banks are really pushing these short sales and doing themselves, the question is, do we really need government to keep funding these short sales, maria? >> diana, these are the questions we'll keep following. thanks so much. they...
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Oct 7, 2012
10/12
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. >> you have to pay taxes for the rest of your life. >> liberals are more likely to watch law and order. >> tonight, pbs will not be the worst think on television. >> what difference does that make. >> if you wanted to reach an independent swing woman voter by the house and garden channel, if you want to reach a republican leaning law bu less likely to vote swing manning guy the golf channel. >> he did research on blacks who might vote for bush and many are christians that watch these tv preachers. >> now in the name of jesus, i command this debt out of my life. >> so he placed advertisements there. >> in ohio, bush got 8% of the african-american voted. in 2004 he got 16%. because we were able to identify their history was overwhelmingly democratic we had clues they might be reachable. >> this year they want to reachg voters in these ten states. >> you take a map of the united states and you just cross them out. we can't win here. >> john: for most of us really don't count. we live in the wrong state. i live in new york. my state votes will go to obama. if all new york swing voters shif
. >> you have to pay taxes for the rest of your life. >> liberals are more likely to watch law and order. >> tonight, pbs will not be the worst think on television. >> what difference does that make. >> if you wanted to reach an independent swing woman voter by the house and garden channel, if you want to reach a republican leaning law bu less likely to vote swing manning guy the golf channel. >> he did research on blacks who might vote for bush and many are...
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Oct 5, 2012
10/12
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i am a tax cheat, i don't pay my taxes. if i'm walking down the street and someone has a gun to my head should a scoop protect me? >>lis: of course. yes. you got me both ways because is different. a firefighter for your home should come there and protect you and your children your family whether you pay the fee. the point is it is a fee, not a tax. just to make sure that your community is safe. that's all it is. $150? really? really? really? >> i'm pretty sure whatever reviewing court looks at it will find that the label does not rule the day. it is the effect, which is a levee, a charge, a charge on the taxpayers of california and they will pay it with a two-thirds majority vote. there has to a constitutionality and procedural constitutionality. >> if we allow this to lap in every town, can't they levee the fees all over the place if everything? >>lis: you go, taking it out of the public safety or public service which is where it belongs, you go to the public library, you get a book out, you are late on the book, you get a
i am a tax cheat, i don't pay my taxes. if i'm walking down the street and someone has a gun to my head should a scoop protect me? >>lis: of course. yes. you got me both ways because is different. a firefighter for your home should come there and protect you and your children your family whether you pay the fee. the point is it is a fee, not a tax. just to make sure that your community is safe. that's all it is. $150? really? really? really? >> i'm pretty sure whatever reviewing...
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the real romney has been running around the country for the last year promising 5 trillion dollars in tax cuts to pay for the wealthy and last night he said he didn't know anything about that. he flew to his next campaign stop in madison wisconsin. stiller had held captive for months 10 years later elizabeth smart is promoting a new cause sharing a personal message here also a local scientists has so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's next month actually... eddie continues singing: two tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. open >> elisabeth smart has been thrust into the limelight since she survived a kidnapping from her salt lake city home nearly ted years ago smart made her first trip to the chicago area now using her unintended fame to become a child prot
the real romney has been running around the country for the last year promising 5 trillion dollars in tax cuts to pay for the wealthy and last night he said he didn't know anything about that. he flew to his next campaign stop in madison wisconsin. stiller had held captive for months 10 years later elizabeth smart is promoting a new cause sharing a personal message here also a local scientists has so, we all set? i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's...
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Oct 5, 2012
10/12
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he says i'm not offering a tax cut to the wealthy. is that actually true? no. his plan actually would dramatically decrease the tax burden on the wealthy in this country. now, contrast that with obama. contrast that with how he has governed. if he sounds like a centrist in the debate, has he governed more as a centrist. look at health care. he took the individual mandate, a republican idea and proposed a plan and implemented a plan friendly to the private insurance industry. wall street reform. liberals say he didn't go far enough. he mentioned social security. he was willing to cut a grand bargain with republicans last year on social security and medicare. the key point is this, i think. if you're a liberal you have a lot of room to criticize from the left the actual actions that obama has taken as president and the policies he's proposed. if you're a conserve it active and looking at mitt romney, you may not like him personally. you may not think in his heart of hearts he's a true believer, but you have no ground to object to him when it comes to policy, beca
he says i'm not offering a tax cut to the wealthy. is that actually true? no. his plan actually would dramatically decrease the tax burden on the wealthy in this country. now, contrast that with obama. contrast that with how he has governed. if he sounds like a centrist in the debate, has he governed more as a centrist. look at health care. he took the individual mandate, a republican idea and proposed a plan and implemented a plan friendly to the private insurance industry. wall street reform....
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Oct 5, 2012
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he has a tax cut. if you implemented it, what he says though, and has said from the beginning is that he will pay for that tax cut. when you include that sentence, he then says fairly scored, i have promised as a later date to pay for it. the question has been how are you going to pay for it? why should we believe you when no republican in 20 or 30 years has paid for a tax cut. i'm not sure it is wrong for romney to say that he is going to do a $5 trillion tax cut. the problem is he hasn't told us a word about how he is going to pay for it. the three things he wants to do, have the 20% across the board rate cut and have it paid for while protecting a bunch of tax cuts, they can't be done at once. something has to give and we don't know what it will be. >> he is wrong. because, if we give them the allowance that you are willing to give him, that will be the first time in the history of the discussion of tax policy in our government that anyone has been able to say i don't have a $5 trillion tax cut beca
he has a tax cut. if you implemented it, what he says though, and has said from the beginning is that he will pay for that tax cut. when you include that sentence, he then says fairly scored, i have promised as a later date to pay for it. the question has been how are you going to pay for it? why should we believe you when no republican in 20 or 30 years has paid for a tax cut. i'm not sure it is wrong for romney to say that he is going to do a $5 trillion tax cut. the problem is he hasn't told...
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Oct 9, 2012
10/12
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WJLA
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yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> finally, a treat for those who spent the '90s glued to the soapy comings and goings of the residents of "melrose place" for seven seasons, the aaron spelling production held an audience ten million strong and despite so many seasons of the back stab and betrayals, the cast, more than happy to reunite and abc's amy robach was there. >> reporter: murder and mini skirts. cheating and cat did the fights, love, lust and revenge. >> i get what i want first. >> reporter: irresistible combination found at one famous address, "melrose place" and last month the cast was reunite ford an "enrtainment weekly" cover shoot. >> when i saw this show before i was it on, i just went, oh, my god that group looks so fun to be w i want toe on that show. a special cast. >> reporter: do you have a favorite line? >> they were all good. it was hard to desifr some of them. self-serving pat
yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> finally, a treat for those who spent the '90s glued to the soapy comings and goings of the residents of "melrose place" for seven seasons, the aaron spelling production held an audience ten million strong and despite so many seasons of the back...
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Oct 4, 2012
10/12
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WBAL
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i will not reduce the taxes paid by high-income americans. >> both candidates went all over the time on occasion. let's just above the understand, we are way over our first 50 minutes. >> which focused heavily on domestic issues, the future of medicare and cutting the federal deficit. >> obamacare is on my list. i use that term with all respect. so i will get rid of that. i will stop the subsidy to pbs. pn i like pbs. >> that means you will gut our investments in schools and education. establishes the beginning. there are two more debates to go. >> governor of rally is working as a surrogate for the obama team, talking to reporters after the debate. back here at home, several college campuses have to debate what parties. -- watch parties. sheldon joins us live from johns hopkins university. >> we are about a month away from the election. a lot of voters we talked to seem to be passionate about both candidates. you'll remember from the 2008 election that college-aged voters were energized and excited headed into the election. based on the conversation we have had here, the same seems
i will not reduce the taxes paid by high-income americans. >> both candidates went all over the time on occasion. let's just above the understand, we are way over our first 50 minutes. >> which focused heavily on domestic issues, the future of medicare and cutting the federal deficit. >> obamacare is on my list. i use that term with all respect. so i will get rid of that. i will stop the subsidy to pbs. pn i like pbs. >> that means you will gut our investments in schools...
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Oct 9, 2012
10/12
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WMAR
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lastly instead of waiting for the huge refund on the tax return adjust your with holdings. >> that's your money. that's money that the government is giving back to you in the spring but why let the irs keep it? you can be saving orrin vesting this money or spending on worthwhile adventures. >> you can see about $500 with in the next two months by filing a new [inaudible]. >> home warrants have become almost standard with home sales, more than 75% now include a warranty. why it may not always be worth it so you don't waste your money. >> if you want peace of mind a home warranty sounds like a smart move. protect you from the high cost major repairs such as water heater failure for just a few dollars a month. for some that vanishes the first time they try to use it. joe and leslie didn't want any surprise when is they bought a 25-year-old house. they spent $400 on a home warranty. when the furnace went out. >> they wouldn't cover it. >> they wouldn't. >> reporter: the gas valves weren't covered by the warranty. then when their garage door opener went out the warranty wouldn't cover tha
lastly instead of waiting for the huge refund on the tax return adjust your with holdings. >> that's your money. that's money that the government is giving back to you in the spring but why let the irs keep it? you can be saving orrin vesting this money or spending on worthwhile adventures. >> you can see about $500 with in the next two months by filing a new [inaudible]. >> home warrants have become almost standard with home sales, more than 75% now include a warranty. why it...
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Oct 3, 2012
10/12
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MSNBC
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tax havens. mitt romney avoided paying his fair share. what else is he hiding? >>> joining me now, david k johnston author of the new book, "the fine print" and karen finney. david k. johnstone, the times got tax experts to look at the tax returns and some documents they obtained from bain from this new report today. what did we learn? >> well, the cayman islands 4 hundred years ago was a hang out for pirates now it's a hang out for tax pirates. instead of a buried map of where the tresh is, now you get this opinion letters from lawyer, if you follow one every one of these steps, you can get your treasure untaxed to the cayman islands. one of the things the times points out because of the way these were set up and the fees they were charged against them, the less taxes paid by those who were investing, the greater the sum available and therefore the higher the fees that romney collected. >> karen finney, romney, you get the sense the romney campaign expected that the tax return story was a story
tax havens. mitt romney avoided paying his fair share. what else is he hiding? >>> joining me now, david k johnston author of the new book, "the fine print" and karen finney. david k. johnstone, the times got tax experts to look at the tax returns and some documents they obtained from bain from this new report today. what did we learn? >> well, the cayman islands 4 hundred years ago was a hang out for pirates now it's a hang out for tax pirates. instead of a buried map...
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Oct 3, 2012
10/12
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CNBC
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lowest corporate taxes or among the highest corporate taxes in america? >> i'm -- >> highest corporate taxes in america right now, right? >> highest corporate tax rate in the world right now. >> it's not that much higher than our competitors. in fact, it's lower than many competitors. stop talking about the rates. >> that's not true. >> we know it's mislead. it's effective tax burden on corporations, which is well in line with our european and asian competitors. >> isn't it true that small businesses, which of course as we all know are the real creators of jobs, will pay the ordinary income tax? if you're going to raise ordinary income tax on people making more than $200,000, that's going to hit small businesses and choke off that part of the job creation. >> that's right, maria. the top individual tax rate have a huge amount of small business income. if romney would cut the top individual rate from 35 to 25%, for example -- >> which would help small business. >> small businesses would be benefitted by that. >> bill, that's something john thain said, the
lowest corporate taxes or among the highest corporate taxes in america? >> i'm -- >> highest corporate taxes in america right now, right? >> highest corporate tax rate in the world right now. >> it's not that much higher than our competitors. in fact, it's lower than many competitors. stop talking about the rates. >> that's not true. >> we know it's mislead. it's effective tax burden on corporations, which is well in line with our european and asian...
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Oct 9, 2012
10/12
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be a tax attached to it. they want a carbon tax that will tax american airplanes landing in europe based on their carbon emissions. what we're looking at here is a global system of taxation. will obama raise taxes? yeah, but not just through congress. it will be done by treaties in the u.n. that can be ratified by the senate and the house of representatives has nothing to do with it. that's one of the major things we warn about in this book heree come the black helicopters." >> sean: that's pretty frightening. it's in bookstores as of tomorrow morning, amazon.com, called "black helicopters." dick, thank you. >> thank you. >> sean: when we come back, is there a major donor scandal about to blow up in the president's face? our guests say they have things that could derail the president before election day. and in the middle east, this time the israelis take out a drone. the middle east burning. this all happens as mitt romney goes out with a major foreign policy speech telling voters that the president has fail
be a tax attached to it. they want a carbon tax that will tax american airplanes landing in europe based on their carbon emissions. what we're looking at here is a global system of taxation. will obama raise taxes? yeah, but not just through congress. it will be done by treaties in the u.n. that can be ratified by the senate and the house of representatives has nothing to do with it. that's one of the major things we warn about in this book heree come the black helicopters." >> sean:...
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meeting tax revenue. but also from other indications of broader prosperity. jobs, business sales and so on. >> the state pose a gambling program has not been that effective so far in growing the economy, he said. there will be between $1.1 billion and $1.50 billion of lost spending power to charlestown alone over the next few years. he said many people are still going out of habit and others are attracted to the table games and table games attract high rollers. >> an update to a medical alert. the centers for disease control and prevention say as many as 13,000 people received steroid shots suspected in name national fungal meningitis outbreak. it is not clear how many are in danger and how many of the shots from especially pharmacy in massachusetts may have been contaminated. health officials have identified two more marylanders who have developed meningitis after receiving the tainted steroid injection last month. that brings the confirmed cases to five including one fatality. 105 people have been sickened by the outbreak. there have been eight deaths. theh
meeting tax revenue. but also from other indications of broader prosperity. jobs, business sales and so on. >> the state pose a gambling program has not been that effective so far in growing the economy, he said. there will be between $1.1 billion and $1.50 billion of lost spending power to charlestown alone over the next few years. he said many people are still going out of habit and others are attracted to the table games and table games attract high rollers. >> an update to a...
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i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just about everyone, from right to left, says that romney won the debate. i gave you a full "a" and i give the president a "c" minus. there was a giant difference between their performance. everyone who was fair was impressed with how romney handled that from going to end. obama was stunned by how well romney was performing. he seemed almost to take a step back and tune out. >>neil: do you think he came in to it is on the clock, the president, to your point he didn't expect this, and he saw little risk in taking on mitt romney and even if romney did well it would not move the
i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just...
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if we may hear, let's start with taxes. can we do that. profess seat to the professor harvey rosen after all of this nonsense, this smear campaign that is going on, this attack on governor romney that has become the default campaign of the obama folks, he had to come out and save, the president is represented me in the debate. he has misrepresented my views on the run the tax plan, which -- is entirely possible. >> it is crazy. if you read the rose and paper it is basically an explanation of how romney plan we will work without a middle-class tax increase or blowing up the deficit. it is basically explaining, knocking down all of the obama arguments, yet the obama campaign tried to use and as a source for their claims costs. lou: they did. and this business, it is a full of assault. robert gives u.s. not been able to find a job with anyone except obama is out holding forth on who has the greater integrity. and, you know, we are not so pitiful it would be laughable, but this is a nasty, vicious campaign that i said at the outset of the broa
if we may hear, let's start with taxes. can we do that. profess seat to the professor harvey rosen after all of this nonsense, this smear campaign that is going on, this attack on governor romney that has become the default campaign of the obama folks, he had to come out and save, the president is represented me in the debate. he has misrepresented my views on the run the tax plan, which -- is entirely possible. >> it is crazy. if you read the rose and paper it is basically an explanation...
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they are sort of this strange direct where they can put things on referendum where you can't raise taxes but the people can also vote on what they want. >> that's right. >> jon: so it is the perfect symbol for the difficulties we have in the country of getting the services we want while convincing people that they do have to bay for it. >> yes. you have that rob, but you also have the other problem, which is that mistakes were made, not only in california but all over the united states, when it comes to pensions. we have in california now for instance $400 billion of unfunded liability, this is something that was done by the legislature, not by the people, so there is a huge amount of money that is being going out, and now it is not available for programs for the people, just because it is for retired people and kind of like you are living in the past, you are taking care of things in the past rather than look to looking to the future and building schools and roads and universities and less study -- >> jon: i keep coming back to this idea, if only somebody could come back from the future
they are sort of this strange direct where they can put things on referendum where you can't raise taxes but the people can also vote on what they want. >> that's right. >> jon: so it is the perfect symbol for the difficulties we have in the country of getting the services we want while convincing people that they do have to bay for it. >> yes. you have that rob, but you also have the other problem, which is that mistakes were made, not only in california but all over the...
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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. >> at the debate he said he's not going to cut taxes for the wealthy. in the primary he said he's going to cut taxes for everyone. >> i'm going to lower rates across the board for all americans. isn't that a change? >> let me repeat what i said. >> lying, denying and alibiing. >> is that leadership? >> we can't debate the debate. >> the war continues. >> let's move on. >> we are awaiting a major foreign policy address. >> romney boiled down the president's foreign policy to one of hope. >> hope is not a strategy. >> but on actual foreign policy romney's specifics were rather thin. >> i'll support the libyan's people efforts to support a lasting government. >> how about iran? >> prevent them from acquiring nuclear weapons capability. >> that's the same. >> this is the same guy who couldn't even go to the olympics. >> he will say anything, he will do anything. >> his mention of russia. >> without question of number one geopolitical foe. >> there are two kinds of success, initial and ultimate. >> i still believe you in and i hope you still believe in me. i
. >> at the debate he said he's not going to cut taxes for the wealthy. in the primary he said he's going to cut taxes for everyone. >> i'm going to lower rates across the board for all americans. isn't that a change? >> let me repeat what i said. >> lying, denying and alibiing. >> is that leadership? >> we can't debate the debate. >> the war continues. >> let's move on. >> we are awaiting a major foreign policy address. >> romney...
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the number on his tax cut is $5 trillion. because he's talking about a 20% cut in marginal rates, eliminating the alternative minimum tax, estate tax and other deductions, $480 billion a year, $5 trillion over ten years, that's the number. then he says, you know, every day for the last 18 months, i've been talking about repealing every aspect of obama care, but actually i didn't mean it. well it's too late for that. if you repeal obama care across the board, that means that kids can no longer stay on their parents' coverage through age 26, it means that we can go back to a system of denying coverage for preexisting conditions, it means that seniors again are back on to co-pays larger co-pays as it relates to prescription drugs, and on dodd/frank, he's been saying he wants to repeal dodd/frank, andrea, every day for the last 18 months, repeal every aspect of it. dodd/frank of course is the bill that reregulated the financial system after the credit market collapsed, the catastrophic collapse of 2008. so does anybody really wan
the number on his tax cut is $5 trillion. because he's talking about a 20% cut in marginal rates, eliminating the alternative minimum tax, estate tax and other deductions, $480 billion a year, $5 trillion over ten years, that's the number. then he says, you know, every day for the last 18 months, i've been talking about repealing every aspect of obama care, but actually i didn't mean it. well it's too late for that. if you repeal obama care across the board, that means that kids can no longer...
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are definitely better than higher taxes. i don't dispute that. nobody disputes that. all else isn't equal. if you finance those tax cuts for the rich with huge amounts of debt as george w. bush did and as mitt romney is proposing, you're going to end up with slower growth. that's what we've got over the last ten years. there's no reason to believe any different. >> with we certainly have that over the last three years. >> exactly. >> let me ask you this, diana. >> pause, pause, pause. timeout. when the president took office, the economy was contracting by 9% annual. it's now growing. don't tell me the economy is growing slower than when the president took office. that's not true. >> in the last year and the year before. the last three years is what i'm referring to. >> the last three years we've had growth. i agree the growth hasn't been strong enough. >> right. diana, do you think we could see a 75% tax rate here if, in fact, the president gets re-elected? would what's happening in france carry over here? is it the same ide
are definitely better than higher taxes. i don't dispute that. nobody disputes that. all else isn't equal. if you finance those tax cuts for the rich with huge amounts of debt as george w. bush did and as mitt romney is proposing, you're going to end up with slower growth. that's what we've got over the last ten years. there's no reason to believe any different. >> with we certainly have that over the last three years. >> exactly. >> let me ask you this, diana. >> pause,...
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his tax cut wouldn't be anywhere near that size. >> so you're disputing the size of the tax cut? or are you disputing also how he's going to pay for it? >> we're disputing the size. >> erin, he has campaigned on lowering tax cuts by 20% for everybody, including those in the top 1%. that was one of the main selling points in the republican primary. >> so you're saying if you lower them by 20% you get a $5 trillion tab, right? >> it's a $5 trillion tab. >> but when he closes deductions he won't be anywhere near $5 trillion. that's our analysis. >> well with, okay, stipulated, it won't be near $5 trillion, but it's also not going to be the sum of $5 trillion in the loopholes that he's going to close. it is going to cost someone and it's going to cost the middle class. independent economists have taken a look at this. there aren't enough deductions for those at the top to account for the number of tax cuts that they get because of mitt romney's policies. you have to raise taxes on the middle class, as bill clinton says, it's simple math. >> they'll say, though, that you can do that.
his tax cut wouldn't be anywhere near that size. >> so you're disputing the size of the tax cut? or are you disputing also how he's going to pay for it? >> we're disputing the size. >> erin, he has campaigned on lowering tax cuts by 20% for everybody, including those in the top 1%. that was one of the main selling points in the republican primary. >> so you're saying if you lower them by 20% you get a $5 trillion tab, right? >> it's a $5 trillion tab. >> but...
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companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most powerful way to get us to a balanced budget is to grow the economy. that's why my tax plan, which is estimated to create 7 million jobs, will help us more than anything else to get to that balanced budget. >> sean: i know this was not about foreign policy last night. we have been following very closely on this program, the issue in benghazi, the death of our ambassador, the first time in 30 years, two navy seals. do you believe there is a coverup going on? >> well, sean, first, let me note my condolences and sympathy for the families of those who
companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most...
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. >> a follow-up to an investigation, billions of tax dollars wasted on insurance providers that cheap. >> with medicare, there is a new push to crack down on fraud and investigate suspicious claims. james miller told us this week about dr. larry bernhardt's that had been making his money by ripping off medicare and billing the government insurance plan for care he did not provide. they showed how easy it is to cheat the system out of millions of dollars. a federal strike force charged 91 people including doctors and nurses with allow bread fraud schemes adding up to $429 million in false billing. the washington bureau reporter joins us at a normal day -- at an alarming rate that is causing taxpayers big time. >> medicare fraud is one of the largest of its kind in medical history. officials from state, local, and federal troops have been -- the health and human services secretary said officials are working on making it harder for crux to submit fraudulent claims. they're looking at a tougher procedures for buyers and suppliers that want to participate. >> fraud not only rob's taxpayers
. >> a follow-up to an investigation, billions of tax dollars wasted on insurance providers that cheap. >> with medicare, there is a new push to crack down on fraud and investigate suspicious claims. james miller told us this week about dr. larry bernhardt's that had been making his money by ripping off medicare and billing the government insurance plan for care he did not provide. they showed how easy it is to cheat the system out of millions of dollars. a federal strike force...
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the third voice, hey, let's eliminate income tax, corporate tax. let's abolish the irs. let's replace all of that with a one federal consumption tax. i am embracing the fair tax, which think is really the answer to american jobs, in a 0 corporate tax rate environment. i say the private sector creates tens of millions of jobs. melissa: we know what you would bring to the table. can you handicap for us what you think the other two guys are going to do tomorrow night? who has got the strength? who has got the weakness? how will it come out? >> let me offer a prediction. either one of them get elected,e are going to find ourselves with a heightened police state. we're going to find ourselves in a state of continued military intervention that has resulted in hundreds of millions of enemies to this country that but for those military interventions would otherwise not exist. and that we find ourselves in a continued state of spending, and debt that are absolutely not sustainable. my prediction. melissa: we know that from polls that you trail both candidates by a pretty wide mar
the third voice, hey, let's eliminate income tax, corporate tax. let's abolish the irs. let's replace all of that with a one federal consumption tax. i am embracing the fair tax, which think is really the answer to american jobs, in a 0 corporate tax rate environment. i say the private sector creates tens of millions of jobs. melissa: we know what you would bring to the table. can you handicap for us what you think the other two guys are going to do tomorrow night? who has got the strength? who...
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when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...